OUR STAKEHOLDERS

Deeper engagement with international partners and the global accountancy community helps solidify ISCA’s reputation as a world class accountancy body and raises our international standing and prominence. ISCA is part of:

  • ASEAN CPA Coordinating Committee (ACPACC)
  • ASEAN Federation of Accountants (AFA)
  • Chartered Accountants Worldwide (CAW)
  • Jeju Group (comprising ISCA, Japanese Institute of Certified Public Accountants and Korean Institute of Certified Public Accountants)
  • International Federation of Accountants (IFAC)

Organisations that ISCA engages with include:

  • International Accounting Standards Board (IASB)
  • International Auditing and Assurance Standards Board (IAASB)
  • International Ethics Standards Board for Accountants (IESBA)
  • International Panel on Accountancy Education
  • International Sustainability Standards Board (ISSB)
  • United Nations Conference on Trade and Development (UNCTAD) – International Standards of Accounting and Reporting

The Institute works with government agencies to spearhead initiatives that contribute to the development of the accountancy profession. We also conduct regular exchange sessions with government agencies to advocate and represent the profession’s interests as well as discuss issues relating to the accountancy profession. Government bodies that we engage with include:

  • Accountant-General’s Department (AGD)
  • Accounting and Corporate Regulatory Authority (ACRA)*
  • Accounting Standards Council (ASC)*
  • Auditor-General’s Office (AGO)
  • Civil Service College (CSC)
  • Corrupt Practices Investigation Bureau (CPIB)
  • Economic Development Board (EDB)
  • Enterprise Singapore (EnterpriseSG)
  • Family Justice Courts (FJC)
  • Infocomm Media Development Authority (IMDA)
  • Inland Revenue Authority of Singapore (IRAS)
  • Ministry of Culture, Community and Youth (MCCY)
  • Ministry of Finance (MOF)
  • Ministry of Manpower (MOM)
  • Ministry of Trade and Industry (MTI)
  • Monetary Authority of Singapore (MAS)
  • Professional Services Programme Office (PSPO)
  • Singapore Accountancy Commission (SAC)*
  • Singapore Police Force (SPF)
  • SkillsFuture Singapore (SSG)
  • Workforce Singapore (WSG)

* With effect from 1 April 2023, both the ASC and SAC have merged with ACRA.

ISCA engages with other professional bodies to represent the profession’s interests and discuss issues pertaining to the accountancy profession. Through cooperation with fellow professional bodies, ISCA aims to strengthen and shape the development of the accountancy profession. Fellow professional bodies include:

  • Association of Chartered Certified Accountants (ACCA)
  • Association of Certified Public Accountants in Public Practice (ACPAPP)
  • Chartered Accountants Australia and New Zealand (CA ANZ)
  • Chartered Accountants Ireland (CAI)
  • Chartered Institute of Management Accountants (CIMA)
  • Chongqing Institute of Certified Public Accountants (CQICPA)
  • CPA Australia
  • Federation of Accounting Professions
  • Indonesian Institute of Certified Public Accountants
  • Insolvency Practitioners Association of Singapore (IPAS)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Institute of Chartered Accountants in Scotland (ICAS)
  • Institute of Chartered Accountants of India (ICAI)
  • Institute of Indonesia Chartered Accountants
  • Institute of Internal Auditors Singapore (IIA Singapore)
  • Institute of Management Accountants (IMA)
  • Institution of Engineers, Singapore (IES)
  • Japanese Institute of Certified Public Accountants (JICPA)
  • Korean Institute of Certified Public Accountants (KICPA)
  • Malaysian Institute of Accountants (MIA)
  • Malaysian Institute of Certified Public Accountants
  • Myanmar Institute of Certified Public Accountants
  • Philippine Institute of Certified Public Accountants (PICPA)
  • Singapore Chartered Tax Professionals (SCTP)
  • Singapore Institute of Surveyors and Valuers (SISV)
  • The Law Society of Singapore
  • Vietnam Association of Accountants and Auditors (VAA)
  • Vietnam Association of Certified Public Accountants (VACPA)

ISCA engages with Trade Associations and Chambers (TACs) and other organisations to advocate common interests and explore mutually beneficial collaborations. These include:

  • Association of Singapore Listed Companies (SGListCos)
  • Singapore Chinese Chamber of Commerce & Industry (SCCCI)
  • Association of Small and Medium Enterprises (ASME)
  • Employment and Employability Institute (e2i)
  • Singapore Business Federation (SBF)
  • Singapore Institute of Directors (SID)
  • Singapore Manufacturing Federation (SMF)
  • Singapore National Employers Federation (SNEF)
  • The Association of Banks in Singapore (ABS)
  • Singapore Chamber of Commerce Indonesia
  • Indonesian Chamber of Commerce and Industry

Through identifying synergies and joining forces with other TACs, ISCA is better able to support the development of the accountancy profession.

We collaborate with institutes of higher learning, reaching out to students to share more about the profession, and nurture and develop the talent pipeline. Institutes we engage with include:

  • Nanyang Polytechnic (NYP)
  • Nanyang Technological University (NTU)
  • National University of Singapore (NUS)
  • Ngee Ann Polytechnic (NP)
  • Singapore Institute of Technology (SIT)
  • Singapore Management University (SMU)
  • Singapore University of Social Sciences (SUSS)
  • Singapore Polytechnic (SP)
  • Temasek Polytechnic (TP)